how much return you expect from commodity market

[ashwani chadha]

now in these three type of trading systems ,there are two words one is move second is correction but their is third which we will have to understand and that is reversal

after reversal when on opposite side a move start it means a new move has opened from beginning this will always start from lower support of end of day time frame(this is the lowest risk entry point,smart money will enter from here)

 

[ashwani chadha]

i will be at chandigarh on 9th and 10 th at least

 

[Klewtar]

i will be at chandigarh on 9th and 10 th at least

Hope that your trip goes well.

 

[lomada renuka rani]

hellow' firstly use your strategy at gold gunia, you will loose hardly 100/ in one trade,till you are not perfect. as for as pull back strategy is concerned,this is the oldest trading system,feed pull back strategy in googel search & study it in it detail ,you will get various site,but i give you the brief,suppose you use 10 sma & 20 ema now when bull run is there.10sma will cross 20 ema from lower to upper side.it means ,BULL BREAK OUT IS THERE,NOW WAIT FOR THE TIME WHEN PRICE IS NEAR 20 EMA& NOW GO LONG IN IT ,AT THIS YOUR RISK REWARD WILL BE ONE TO TEN,KEEP YOUR STOP LOSS SLIGHTLY BELOW 20 EMA,IN THIS GAME YOU WILL BE AN ULTIMATE WINNER, BE IN TOUCH THANK YOU

what is this gold gunia? i know only gold and gold mini in commodities.anyhow i understand the pull back strategy to some extent. thanks

 

[sumeetsj]

Gold Guinea,
Price quotation 8 gms
Lot Size 8 Gms

Also there are

Silver Micro - price quotation 1 Kg and lot size 1 Kg.

Gold Petal - lot size 1 gm

 

[Omsrisairam]

Hi all.

I am am employee with a monthly salary of 18,000/- working 12 hours a day.

But now I want to quit the job and seriously enter into this commodity trading as profession.

with an investment of Rs.40,000/- can I earn atleast 20,000/- every month.

Kindly advise. whether I am taking right step or not.

sincerely
Om sai ram

 

[.Pride.]

with an investment of Rs.40,000/- can I earn atleast 20,000/- every month.

can you convert 40,000 to 51,00,000 in one year?

 

[Klewtar]

with an investment of Rs.40,000/- can I earn atleast 20,000/- every month.

Capital can be lost in less than 2 weeks especially for brand new entrants.

Try out financial trading on paper (learning the fundamentals) for 6 months and then if you are ok on paper, trade initially with less than 1/5th of your capital. After 2 weeks invest another 1/5th of capital.

It took me 6 weeks (probably would have been longer if I had not read, re-read and participated in this thread) to start having proper frame of mind for trading despite having learned the basics of financial trading over 6 months ago.

Edit:
A seasoned trader can earn 20,000 a month if he invests only 40,000 while a brand new entrant can lose all their capital in 5 to 10 days time without having the proper frame of mind (some treat it as a game or gamble, etc.)

 

[.Pride.]

Edit:
A seasoned trader can earn 20,000 a month if he invests only 40,000 while a brand new entrant can lose all their capital in 5 to 10 days time without having the proper frame of mind (some treat it as a game or gamble, etc.)

I would like to meet one of these "Seasoned Traders" who make 50% a month...I would give them all my money to trade and go on a life-long vacation rather than slogging it out day after day for 100% p.a returns...

 

[Klewtar]

I've probably calculated a scenario (I've barely passed the 1 month mark for live trading with more loss than gain and I've yet to know what a year long situation really is) where ~50% returns can be achieved in one month while the next few months may a more realistic 5-10% return on capital.

I'd say a newbie (who is yet to have the proper frame of mind for financial trading) to quit a job for commodity/financial trading isn't the best of ideas. If someone is between jobs or on at least a 2 week vacation, that could be the time to try their hand at full time financial trading (if they've already learned some of the basics and have yet to get the proper frame of mind) to know what they're getting into.